Airbus and Qatar Airways settle bitter A350 jet row

PARIS, Feb 1 (Reuters) – Airbus (AIR.PA) and Qatar Airways have settled a dispute over grounded A350 jets, the businesses stated on Wednesday, averting a probably damaging UK courtroom trial after a blistering 18-month feud that tore the lid off the worldwide jet market. The “amicable and mutually agreeable settlement” ends a $2 billion row … Read more

Boeing’s 747, the unique jumbo jet, prepares for last send-off

Ultimate 747 freighter to be delivered to Atlas Air Ends greater than 5 a long time of business output Almost bankrupted Boeing, earlier than turning into a money cow Simple to fly, says rock star-pilot Bruce Dickinson SEATTLE/PARIS, Jan 29 (Reuters) – Boeing’s (BA.N) 747, the unique and arguably most aesthetic “Jumbo Jet”, revolutionized air … Read more

Ukraine in talks with allies about getting long-range missiles, Zelenskiy aide says

Jan 28 (Reuters) – Expedited talks are underneath manner amongst Kyiv and its allies about Ukraine’s requests for long-range missiles that it says are wanted to stop Russia from destroying Ukrainian cities, a high aide to President Volodymyr Zelenskiy mentioned on Saturday. Ukraine has received guarantees of Western battle tanks and is searching for fighter … Read more

Explainer: Why U.S. flights have been grounded by a FAA system outage

Jan 11 (Reuters) – The Federal Aviation Administration (FAA) allowed some flights to renew after an outage of the system that alerts pilots to any obstructions earlier than take-off had earlier compelled the civil aviation regulator to floor all plane in the US. Over 4,000 flights have been delayed and greater than 600 canceled due … Read more

U.S. airports rumble again to life after FAA laptop outage

WASHINGTON, Jan 11 (Reuters) – U.S. flights had been slowly starting to renew departures and a floor cease was lifted after the Federal Aviation Administration (FAA) scrambled to repair a system outage in a single day that had pressured a halt to all U.S. departing flights. The reason for the issue, which delayed 1000’s of … Read more

Canada strikes C$19 bln deal for Lockheed’s F-35 fighter jets

OTTAWA, Jan 9 (Reuters) – Canada finalized a deal to purchase 88 F-35 fighter jets from U.S. protection firm Lockheed Martin Corp (LMT.N) on Monday in a C$19 billion ($14.2 billion) venture to interchange its getting old fleet of fighter plane. Canada expects the primary F-35s to be delivered in 2026 and for the fleet … Read more

Russia explores shopping for stranded jets from Western leasing companies

Some 400 jets value $10 billion stranded by warfare $644 mln supplied for 17 Aeroflot plane -letter Russian plan would use its Nationwide Wealth Fund Required EU approval not but forthcoming -sources DUBLIN/LONDON, Dec 22 (Reuters) – Russian airways have held exploratory talks with at the least one main Western leasing agency about utilizing state … Read more

Unique: Air India nears historic order for as much as 500 jets

PARIS/NEW DELHI, Dec 11 (Reuters) – Air India is near putting landmark orders for as many as 500 jetliners value tens of billions of {dollars} from each Airbus and Boeing because it carves out an formidable renaissance beneath the Tata Group conglomerate, business sources stated on Sunday. The orders embody as many as 400 narrow-body … Read more

S&P, Nasdaq prolong dropping streaks amid rising recession worries

Apple down after Morgan Stanley cuts Dec cargo goal Tesla falls on manufacturing loss worries Carvana information worst-ever day by day drop Indexes: Dow flat, S&P down 0.19%, Nasdaq 0.51% Dec 7 (Reuters) – The S&P 500 and Nasdaq closed down on Wednesday after a uneven session on Wall Avenue, as buyers struggled to understand … Read more

U.S. Military awards Black Hawk substitute contract to Textron’s Bell

WASHINGTON, Dec 5 (Reuters) – The U.S. Military on Monday awarded the contract for its next-generation helicopter to Textron Inc’s (TXT.N) Bell unit, ending a years-long competitors for the expertise that may substitute the Black Hawk utility helicopter. The Military’s “Future Vertical Carry” competitors geared toward discovering a substitute because the Military appears to be … Read more